There’s No Such Thing as Free Lunch: How to Choose the Best Fundraising Option for Your New Business
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One in four U.S. businesses are not able to obtain the funding they want, according to a survey by the National Small Business Association. Funding can be a maze for even the most experienced of entrepreneurs, who need to choose from multiple paths—each with its own risks. Ideally, you’ll seek the solution that’s best tailored to your business needs but also to your personal financial status.
Every source of funding comes with its own specific costs. There’s cheap money, and then there’s expensive money. Each option takes a different amount of time, requires giving away a different amount of equity, and has a varying level of risk involved. Be sure to do your research, assess your runway